CIEN
Price
$68.47
Change
-$0.03 (-0.04%)
Updated
Oct 11 closing price
60 days until earnings call
LITE
Price
$68.24
Change
+$1.14 (+1.70%)
Updated
Oct 11 closing price
24 days until earnings call
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CIEN vs LITE

Header iconCIEN vs LITE Comparison
Open Charts CIEN vs LITEBanner chart's image
Ciena
Price$68.47
Change-$0.03 (-0.04%)
Volume$3.22M
CapitalizationN/A
Lumentum Holdings
Price$68.24
Change+$1.14 (+1.70%)
Volume$1.28M
CapitalizationN/A
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CIEN vs LITE Comparison Chart
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CIEN
Daily Signalchanged days ago
Gain/Loss if shorted
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LITE
Daily Signalchanged days ago
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VS
CIEN vs. LITE commentary
Oct 13, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is CIEN is a Buy and LITE is a StrongSell.

COMPARISON
Comparison
Oct 13, 2024
Stock price -- (CIEN: $68.47 vs. LITE: $68.24)
Brand notoriety: CIEN and LITE are both notable
Both companies represent the Telecommunications Equipment industry
Current volume relative to the 65-day Moving Average: CIEN: 159% vs. LITE: 75%
Market capitalization -- CIEN: $7.11B vs. LITE: $3.19B
CIEN [@Telecommunications Equipment] is valued at $7.11B. LITE’s [@Telecommunications Equipment] market capitalization is $3.19B. The market cap for tickers in the [@Telecommunications Equipment] industry ranges from $202.5B to $0. The average market capitalization across the [@Telecommunications Equipment] industry is $4.87B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

CIEN’s FA Score shows that 1 FA rating(s) are green whileLITE’s FA Score has 1 green FA rating(s).

  • CIEN’s FA Score: 1 green, 4 red.
  • LITE’s FA Score: 1 green, 4 red.
According to our system of comparison, CIEN is a better buy in the long-term than LITE.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

CIEN’s TA Score shows that 4 TA indicator(s) are bullish while LITE’s TA Score has 5 bullish TA indicator(s).

  • CIEN’s TA Score: 4 bullish, 4 bearish.
  • LITE’s TA Score: 5 bullish, 4 bearish.
According to our system of comparison, LITE is a better buy in the short-term than CIEN.

Price Growth

CIEN (@Telecommunications Equipment) experienced а +2.67% price change this week, while LITE (@Telecommunications Equipment) price change was -0.81% for the same time period.

The average weekly price growth across all stocks in the @Telecommunications Equipment industry was -0.30%. For the same industry, the average monthly price growth was +6.68%, and the average quarterly price growth was +32.31%.

Reported Earning Dates

CIEN is expected to report earnings on Dec 12, 2024.

LITE is expected to report earnings on Feb 06, 2025.

Industries' Descriptions

@Telecommunications Equipment (-0.30% weekly)

The Telecommunications Equipment industry produces voice and data communications equipment, which includes fiber optic delivery products, digital signal processors, high-speed voice, data and video delivery. Additionally, satellite systems, global positioning systems, wireless data systems, personal communications equipment, telephone handsets and payload equipment for satellites also fall into this category. Apple Inc., QUALCOMM Incorporated and Nokia are major global players in this segment.

SUMMARIES
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FUNDAMENTALS
Fundamentals
CIEN($7.11B) has a higher market cap than LITE($3.19B). LITE has higher P/E ratio than CIEN: LITE (111.11) vs CIEN (31.94). CIEN YTD gains are higher at: 52.122 vs. LITE (30.179). CIEN has higher annual earnings (EBITDA): 532M vs. LITE (31M). CIEN has more cash in the bank: 1.37B vs. LITE (1.22B). CIEN has less debt than LITE: CIEN (1.61B) vs LITE (2.89B). CIEN has higher revenues than LITE: CIEN (4.37B) vs LITE (1.44B).
CIENLITECIEN / LITE
Capitalization7.11B3.19B223%
EBITDA532M31M1,716%
Gain YTD52.12230.179173%
P/E Ratio31.94111.1129%
Revenue4.37B1.44B304%
Total Cash1.37B1.22B112%
Total Debt1.61B2.89B56%
FUNDAMENTALS RATINGS
CIEN vs LITE: Fundamental Ratings
CIEN
LITE
OUTLOOK RATING
1..100
9126
VALUATION
overvalued / fair valued / undervalued
1..100
75
Overvalued
85
Overvalued
PROFIT vs RISK RATING
1..100
4382
SMR RATING
1..100
8296
PRICE GROWTH RATING
1..100
3637
P/E GROWTH RATING
1..100
127
SEASONALITY SCORE
1..100
5050

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

CIEN's Valuation (75) in the Telecommunications Equipment industry is in the same range as LITE (85). This means that CIEN’s stock grew similarly to LITE’s over the last 12 months.

CIEN's Profit vs Risk Rating (43) in the Telecommunications Equipment industry is somewhat better than the same rating for LITE (82). This means that CIEN’s stock grew somewhat faster than LITE’s over the last 12 months.

CIEN's SMR Rating (82) in the Telecommunications Equipment industry is in the same range as LITE (96). This means that CIEN’s stock grew similarly to LITE’s over the last 12 months.

CIEN's Price Growth Rating (36) in the Telecommunications Equipment industry is in the same range as LITE (37). This means that CIEN’s stock grew similarly to LITE’s over the last 12 months.

LITE's P/E Growth Rating (7) in the Telecommunications Equipment industry is in the same range as CIEN (12). This means that LITE’s stock grew similarly to CIEN’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
CIENLITE
RSI
ODDS (%)
Bearish Trend 3 days ago
73%
Bearish Trend 3 days ago
80%
Stochastic
ODDS (%)
Bearish Trend 3 days ago
64%
Bearish Trend 3 days ago
79%
Momentum
ODDS (%)
Bullish Trend 3 days ago
62%
Bullish Trend 3 days ago
75%
MACD
ODDS (%)
Bullish Trend 3 days ago
68%
Bullish Trend 3 days ago
74%
TrendWeek
ODDS (%)
Bullish Trend 3 days ago
67%
Bearish Trend 3 days ago
73%
TrendMonth
ODDS (%)
Bullish Trend 3 days ago
66%
Bullish Trend 3 days ago
72%
Advances
ODDS (%)
Bullish Trend 4 days ago
69%
Bullish Trend 10 days ago
73%
Declines
ODDS (%)
Bearish Trend 13 days ago
68%
Bearish Trend 4 days ago
74%
BollingerBands
ODDS (%)
Bearish Trend 3 days ago
63%
Bearish Trend 3 days ago
73%
Aroon
ODDS (%)
Bullish Trend 3 days ago
73%
Bullish Trend 3 days ago
64%
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CIEN
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
LITE
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
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CIEN and

Correlation & Price change

A.I.dvisor indicates that over the last year, CIEN has been loosely correlated with LITE. These tickers have moved in lockstep 47% of the time. This A.I.-generated data suggests there is some statistical probability that if CIEN jumps, then LITE could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CIEN
1D Price
Change %
CIEN100%
-0.04%
LITE - CIEN
47%
Loosely correlated
+1.70%
ZBRA - CIEN
40%
Loosely correlated
+1.57%
VIAV - CIEN
38%
Loosely correlated
+1.77%
INFN - CIEN
37%
Loosely correlated
+0.60%
HPE - CIEN
36%
Loosely correlated
+0.63%
More

LITE and

Correlation & Price change

A.I.dvisor indicates that over the last year, LITE has been loosely correlated with CIEN. These tickers have moved in lockstep 47% of the time. This A.I.-generated data suggests there is some statistical probability that if LITE jumps, then CIEN could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To LITE
1D Price
Change %
LITE100%
+1.70%
CIEN - LITE
47%
Loosely correlated
-0.04%
VIAV - LITE
46%
Loosely correlated
+1.77%
ZBRA - LITE
43%
Loosely correlated
+1.57%
COMM - LITE
40%
Loosely correlated
-0.66%
HPE - LITE
39%
Loosely correlated
+0.63%
More